Lunch with a Leader-What Every Bookkeeper Should Know about Tax: Presented by Nancy McClelland

Increase your knowledge about Tax to help your clients and Boost your Confidence.

Join our Monthly Lunch with a Leader Call

What Every Bookkeeper Should Know about Tax:

Presented by Nancy McClelland, CPA

As a CPA who also services clients for bookkeeping, accounting and financial analysis, I'm often surprised that many bookkeepers think they don't need to know anything about taxes. But by learning just a few tips and tricks, you can be a hero to your clients and add value -- instead of them finding out about missed opportunities or mistakes during tax season, once it's too late.

In this session, we'll cover:

• the most important tax rules that bookkeepers should know 
• how your client's entity choice affects taxes AND bookkeeping 
• communicating with CPAs - how to talk Tax Speak

We'll also discuss assisting clients with calculating Quarterly Estimates, determining Reasonable Compensation, and maximizing the Home Office deduction. Bookkeepers are often the "first line of defense" when it comes to catching things that might be too late if clients wait to talk to their CPAs until tax-time. They also might have knowledge that could help the client that a CPA wouldn't necessarily think to bring up without the bookkeeper mentioning it at tax-time. Learning a few things about taxes can add value and allow you to charge more -- as a trusted advisor, rather than a bean-counter.

Join our monthly Lunch with a Leader call, August 24th between 2-3PM EST to learn more from Nancy!